Facebook has bought startup Oculus VR, which makes the much-hyped virtual-reality Rift headsets, for $2bn.
The acquisition comes as people spend more time with their pals in digital worlds rather than the physical realm, and Facebook boss Mark Zuckerberg wants to tap into that shift.
The acquisition of Oculus VR Inc was …

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NOooooOOoooo

Re: NOooooOOoooo

This is a golden time for start ups. Make up some "cool" idea. Start developing it, make it look possible lay on a demo. Do a bit of corporate twerking in Zuckerberg's direction and collect the $Nbillion that he'll send your way after a casual chat over a mediocre coffee.

Google and Apple aren't far behind I suspect, but Facebook really does throw it's cash around like it's going out of fashion. Are they the biggest corporate suckers, or is that still HP?

Re: NOooooOOoooo

Facebook, not Yahoo! Facebook are with the bitches, Yahoo are with the exclamations.

Is Facebook one of the Google/Apple type companies who have to much money in cash in Ireland or Switzerland or whatever other tax haven that they cannot easily move back to the USA without paying a huge amount of tax, but, if they spend the cash on acquisitions that is a kind of work around?

Re: NOooooOOoooo

"@bazza: You don't know what Oculus Rift is? Check some Youtube videos and contemplate what almost was."

@vociferous, I won't bother following up your recommendation. I've tried one of the pre-production prototypes. Cool, yes. Finished, no. Heading the right way, certainly. Perfectly pitched to reel in the wealthy and compulsive Zuckerberg, yes.

I don't know exactly that that was their game plan, but $2billion now is a handsome return on their efforts. They've probably had a lot if fun doing it, and now they don't even need to go through the depressing process of marketing their product.

For any start up getting bought out is most certainly factored into the business plan as a possibility. With someone like Zuckerberg around its well worth having buy-out as a primary goal.

As for Zuckerberg he's now got to make more than $2billion out of it. That might be quite difficult.

No one is going to use Facebook in 3D from their mobile. Facebook ain't the gaming platform of choice and Sony, Microsoft and Steam aren't going to give him any slack. It would make sense if he bought Steam too, but I suspect that they're not for sale at any price. And Facebook owning Steam sounds like a disaster anyway.

He could just market devices himself, but exactly how does that get more people spending more time in Facebook? It's just an elaborate peripheral. That surely isn't Facebook's primary business; people using Rifts on Steam/XBone/PS4/PC games are not going to be directed towards Facebook by those platforms. The world of CAD, engineering and science might be an additional marketplace but that's not a mass market.

@bazza

I think Facebook had overtaken HP as the biggest corporate suckers with the $19 billion thrown WhatsApp's way. $2 billion for a VR headset that makes Google Glass look like something your grandma will be sporting tomorrow just puts them further ahead.

Microsoft is now in third place, and without Monkey Boy at the helm any longer they may put bad acquisition hell behind them. Google has made a few boners, but is still well back. Apple is way off in the distance, as they haven't ever made an acquisition that cost even a half billion, let alone joining the 11 digit acquisition club like Facebook and HP have (and Microsoft would have if Yahoo had been smart enough to take their money and run)

Re: NOooooOOoooo

Then you of course know that the recent pre-production versions fixed most of the problems.

> Heading the right way, certainly. Perfectly pitched to reel in the wealthy and compulsive Zuckerberg

You are seriously thinking too small. If it had NOT been bought by Facebook, I would say that within five years a majority of PC gamers would not have been using normal screens any more. By that time there should have started appearing movies for this format. Another ten years and hardly anyone at all would have been using normal screens for entertainment. Now this wont happen. Instead...

The technology focus will shift from being PC-only mid-end virtual reality gear, to being a mobile-first ad distribution platform. It'll probably not kill the technology, as Valve, Microsoft and probably also other hardware manufacturers like Asus and Samsung, are working on their own implementations, but it'll slow adoption.

Re: NOooooOOoooo

Re: Vociferous Re: NOooooOOoooo

"....I would say that within five years a majority of PC gamers would not have been using normal screens any more....." Yeah, I think you swallowed as much of the hype as Zuckie. You obviously are too young to remember people making EXACTLY the same statement years ago with the Asus VR100 headset, or the ELSA Revelator 3D glasses, and before that with the Metabyte eyeScream glasses.... The ELSA Revelator kit was actually quite good, good enough that it was developed into imaging tech for F-16 fighter pilots' helmets, but it did not kill monitors.

Re: Vociferous NOooooOOoooo

VB was a massive, massive embaressment for Nintendo, and pretty much ended the legendary Gunpei Yokos career at the Big N.

On sale for six months, killed off without a fanfare. Now that's a failure!

Steven R

(Yes, I know, it's not a headtracking type device, but it's a good example of even the biggest of big comapanies looking into the eyes of the Medusa that is VR and turning to stone like everyone else up till now)

Re: NOooooOOoooo

Re: Vociferous NOooooOOoooo

There was a whole movement of VR kit in the 90's. Virtuality in the arcades and I had a set of Revelators. These were just stereoscopic glasses rather than a headset and it made Colin Mcrae Rally and Flight Unlimited great to play, but the advent of low refresh rate LCD's killed future products like this. I don't like Facebook, but I'm glad the money is now behind the tech and we might actually get a modern, low cost headset at last. Hopefully success will breed competition, standardisation and a better experience for all.

Re: NOooooOOoooo

"You are seriously thinking too small. If it had NOT been bought by Facebook, I would say that within five years a majority of PC gamers would not have been using normal screens any more."

Oh I quite agree with you, there's no doubt it would all be very attractive for gamers, and from what I've seen so far it would be very good.

I'd go even further that; I have multiple monitors hooked up to my development machine, but there's never enough screen real estate to have all the dozens of debug, code and app windows open all at once. Imagine having several dozen monitors rigged up into a rough hemisphere-like arrangement with oneself sat at the centre. Tricky and expensive to achieve. However a Rift could do you a virtual one of those with ease, and it would be fabulous. I want one of those quite badly.

Re: Vociferous NOooooOOoooo

"....They all sucked, even for their time...." Actually, the ELSA Revelators were damn good for the time, though using them for several hours could give you a headache. The problem was other people you wanted to se you playing couldn't see anything other than the echoey 3D image of the game.

"....The Oculus does not suck....." Yeah, it's so great to give yourself neck-ache swinging your head around with half-a-pound of gimmick hanging off the front of your face. IMHO even Google Glass has more potential.

"....The past is a guide to the future, not an exact copy." I'm guessing you posted that from your spot in the queue for a Muller flying car? The history of previous such headsets is a very good guide to the unlikelyhood that the Occulus Rift will be a widespread success, let alone come close to making monitors extinct, regardless of whether The Zuck is plugging it or anyone else.

Oh cock

Re: Oh cock

The Fuck Oculus?

I refuse to participate in Facebook. This means I'll be forced never to buy your product. I've been seeing lots of in game support for Oculus and looking forward to purchasing the retail version when it's made available.

'You have no privacy any more'

That's exactly what they want us to believe but its not true!!!. It may have been heading that way prior to E Snowden. But the reality is... the internet and 'spying-on-ourselves' is still in its infancy, this is especially true for young families.

You can and should close your USA based accounts and make a statement if you feel that strongly about it, as I did... I have gotten many friends away from Facebook, Google, Yahoo, Microsoft and LinkedIn and Twitter in the past year, and I will work harder to get more to switch off...

But most people are too busy and just haven't thought enough about all of this. Every day though, there are more and more revelations about data abuses. It will only take the mother of all privacy meltdowns to get people to change, but that's coming, as hacking and spying have become all too prolific!

Just look at the news today about the abuse of HMRC powers. Then last week we had the CIA hacking congress! It would have been deemed unnewsworthy a year ago for Zuck to call Obama and yet that was headline news last week also. Now, it will take a while and probably more than just a few Target retailers, but people will wise up, and news will spread rapidly via the internet.

Believe me, the big cloud-fog firms are scared. They know their business will be hit from this fallout! Particularly US based firms. So show some backbone, and stop being so defeatist! You let them win if you give up!

Re: The Fuck Oculus?

Well I've pre-ordered DK2, and am thinking of cancelling, but I'm coming to realise that Facebook have injected a serious cash flow into Oculus, hence would have a lot more clout in the HW market to demand the screens and other tech they want - specifically it would benefit from curved OLED, Ultra resolution >1440p, very low latency, and very low persistence (see recent tech babble about Crystal Cove and DK2). Not only that they now have production scalability into the millions of units.

.

And what is the real price to us? How about just setting up a throw-away facebook account with absolutely no personal details on, sign-in to the nightmare of FB and get on with enjoying everything VR. That's my hope anyway.

Adverts, well if that happens then I'm out! Aside from this there's little else I could imagine FB doing to ruin the experience.

.

Still in future we might see the likes of a Dark-Alex type developer that almost single handedly blasted open the Playstation Portable, somebody could come along in a similar way and separate Facebook from the Rift.

Re: had to check the date

sounds familiar

not quite. Asimovs "The Robots of Dawn" where a whole planet cant stand each other in person and "meet" via viewing.. Viewing was a holodeck experience. This sounds like Step Two to such a misanthropic nightmare.

Re: sounds familiar

Just heard the news

Carmack now works for Zuckerberg

If you had said that two years ago you would have been laughed at.

Also, Facebook have overpaid for Oculus, it would not have taken them $2 billion to develop something superior to what Oculus have now. And Oculus don't have any patents or even a monopoly on the tech. Sony are doing it. Valve are doing it. Microsoft can't be far behind. This is shareholder value destruction.

Re: Carmack now works for Zuckerberg

No, this is facebook buying the future very cheaply. The Sony goggles are nowhere near as good as Oculus, and Valve's and Microsoft's are still utter vaporware which only exist as press releases. And are you sure about the "no patents"?

MONEY

Over at Oculus, co-founder and CEO Brendan Iribe added: "We are excited to ... get lots and lots of money OH FUCK YEAH MONEY MONEY LOTS OF FUCKING MONEY .... err, sorry , I mean, we're excited to work with Mark and the Facebook team to deliver the very best virtual .. ah fuck it. It's just money. Where's my Ferrari?"

NONONONOOOOOOOOO! WHY GOD WHY!!!?!?!

FUCK! It's the first technology I've been really excited about for years. It had "win!" painted all over it in huge letters of fire. And now it's dead. Goddamit. Just goddammit. Worst tech news I've heard since ... ever. Even Commodore bankrupting wasn't this bad.

Yeah, two billion dollars, but this was tech that was going to transform gaming, not push ads for facebook in a fucking browser. Well, let's hope they HAVEN'T patented the tech so at least other companies can release 3D headsets.

2015

So much for kickstarters

This has to be the biggest "fuck you" to all the people who donated money for this thing...only to have it shunted off to the sewer of the web before it even breaks the champaign bottle. Someone got REALLY RICH off all that free kickstarter money, and anyone who donated got a proverbial kick in the goolies. Notch of Mojang pretty much said the same thing. I doubt he'll be the only high-profile dev to say it. I have a feeling Mr. Carmack woke up feeling like "someone made him his bitch."

second life?

Was pretty successful

...for a while

...then died

I hear 3 or 4 people still use it

I'd be surprised if Facebook weren't looking into that/similar.

Seems a bit far fetched to me. Won't the tech be prohibitively expensive for your typical "Facebook people"? Seems like it would have made a killing from hardcore gamers and hipster types but I'm lacking the imagination to see it having widespread commercial appeal in the social media scene.

Would have made more sense for the likes of Nintendo or Xbox/PS to pick it up.

Or a porn company...

In other news, Facebook acquire "fleshlight" and invest in various patents most commonly associated with pneumatic drills...

Re: second life?

Re: King of foo Re: second life?

".....I'd be surprised if Facebook weren't looking into that/similar....." Considering the type that is a heavy Faecesbook user probably won't even wear a proper set of headphones so as not to muss their hair, does anyone think they'll actually be Faecesbookers willing to wear clunking great 3D goggles?